1910 Gregg St | Columbia, SC 29201
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- LoopNet Team
1910 Gregg St
Columbia, SC 29201
$80k Coop | 10 Yr NNN MOB SLB | 7% cap · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Advantageous Return – At an average cap rate of 7.35% over the base term, an investor is able to receive a profitable return
- Medical Office Building – Healthcare providers check off the boxes of an ideal tenant, including higher market rents due to high-cost build-outs, etc.
- ‘Hands-Off’ Investment – Tenant covers day-to-day operating expenses under the NNN lease
- Rental Increases – Ensure your investment dollars maintain long-term growth with the 10% rental increase every 5 years of this lease.
- 'Hands Off' Investment - Tenant covers day-to-day operating expenses which is perfect for an out of state investor or those seeking passive income.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
8,500 SF
Building Class
B
Year Built
1996
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,500 SF
Slab To Slab
11’
Building FAR
0.31
Lot Size
0.63 AC
Zoning
M-1
Parking
42 Spaces (4.94 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 11404-05-08 | Improvements Assessment | $800,200 |
| Land Assessment | $271,700 | Total Assessment | $1,071,900 |
PROPERTY TAXES
Parcel Number
11404-05-08
Land Assessment
$271,700
Improvements Assessment
$800,200
Total Assessment
$1,071,900
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